It stands for fair value gains; changes (increments) in values of assets and liabilities that are driven by changes in...

Changes (increments) in values of assets and liabilities that are driven by changes in fundamental economic factors (such as price...

It stands for fair value less cost to sell; it is a type of net recoverable amount where the value...

The market that maximizes the amount that would be received from sale of an asset or minimizes the amount that...

The market that has, in comparison with other markets, the greatest volume and highest activity level for the trading of...

The fair value of an asset is the price that would be received to sell an asset in an orderly...

The fair value of a liability is the price that would be paid to transfer a liability in an orderly...

The fair value of a liability is the price that would be paid to transfer a liability in an orderly...

The fair value of an asset is the price that would be received to sell an asset in an orderly...

The fair value of an asset is the price that would be received to sell an asset in an orderly...